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Australian Dollar Firmer Late; RBA, U.S. Poll in Focus

By

James Glynn

Nov. 5, 2012 1:58 a.m. ET

SYDNEY–The Australian dollar was firmer in Asia trading Monday thanks to solid retail sales data for September, but the mood was cautious ahead of a central bank policy meeting Tuesday and the U.S. elections.

At 0600 GMT the Aussie dollar was buying US$1.0365 after opening at US$1.0338. It traded at US$1.0386 late Friday in Sydney.